The Bank of Uganda has been tasked to explain how it seized and sold off assets of the Co-operative Bank of Uganda, without liquidating the institution. According to the records available, the Co-operative Bank was registered in 1964 under the Cooperatives Act and has never been liquidated or abolished. Following
Read MoreYear: 2025
NMS Board Chairperson Dr. Jotham Musinguzi (left) and GMCEO Moses Kamabare both pose with tins of Replenish, an immune booster specially designed to curb nutrient deficiencies in those affected by Nodding Syndrome. Around 2007, a strange disease; Nodding syndrome hit Northern Uganda. It ravaged children in a number of districts;
Read MoreUnder probe: Jose Chameleon The Police have launched a probe into the incident in which musician Joseph Mayanja aka Dr. Jose Chameleon is accused of assaulting a Boda Boda rider. The Kajjansi Division Police Commander Komakech and the Officer in Charge of CID in the area have been directed to
Read MoreThe police in Kampala Metropolitan have launched a hunt for the proprietor of Qadar Recruitment Agency, Micheal Karugire, for allegedly conning more than 800 million Shillings from external job seekers. At least 40 out of the more than 300 victims have lodged complaints at Old Kampala, Nateete, Katwe, Kajjansi, Kawempe,
Read MoreThe East African Crude Oil Pipeline (EACOP) project could secure the needed financing ahead of planned construction later in the year. Uganda National Oil Company (UNOC) Chief Commercial Officer, Gilbert Kamuntu has revealed that efforts to raise funding for EACOP are proceeding well. The Uganda National Oil Company (UNOC) is
Read MoreThe Uganda Revenue Authority - URA is to start joint enforcement operations targeting the illegal sale of fuel in the West Nile region. Across major towns in the West Nile region, fuel especially petrol is being sold openly in small jerry cans mainly by the youth on the streets. Others
Read MoreFinance minister, Matia Kasaijja(L) officially commissions Uganda National Oil company (UNOC) operations. The Finance and Energy Ministries have taken over the management of the Jinja fuel storage terminal. The terminal that has been managed under a Joint Venture Partnership between One Petroleum Limited (OPL) consortium and Uganda National Oil Company Limited (UNOC)
Read MoreMakerere students at Freedom Square A section of lawmakers have questioned the relevance of government scholarships in public universities, after discovering that Government has only been remitting tuition fees for the first year students, abdicating this role to private students. This followed a call made by Cuthbert Abigaba, Vice Chairperson
Read MoreFAO, China Launch Shs46.3bn Project To Scale Up Agriculture Production & Productivity In Uganda
Uganda’s Vice President, Jessica Alupo (2nd Left on front row) is joined by officials from FAO, China Government and MAAIF in a group photo after launching the project The Food Agriculture Organization of the United Nations (FAO), the Government of the Republic of Uganda and the Government of the People’s Republic
Read MoreMany schools were hit by COVID-19 Government through the Ministry of Education and Sports is seeking Shs34bn to extend grant to 620 schools that have applied to Government for takeover after failing to recover from the effects of the Covid-19 pandemic that saw closure of education institutions for about two years.
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